205 Frederick StClay CenterKS67432
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Clay Center at 205 Frederick St, Clay Center, KS, 67432 offers $1,937/mo rent that, after a $1,441/mo payment. Total monthly income is $1,937/mo. Return on cash invested measures 19.64% in year one, and rental yield stands at 7.89% at a $294,500 entry. Equity gained on principal adds $1,900/yr while 5% annual appreciation compounds into $81,365 by year five. Five-year ROI records 102.06% and total cumulative return in cash reaches $99,637. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,937/mo property income versus a $1,441/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67432, Clay Center, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,836 (100%) |
| Owner Occupied HU | 1,775 (62.6%) |
| Renter Occupied HU | 627 (22.1%) |
| Vacant Housing Units | 434 (15.3%) |
| Median Home Value | $152,939 |
| Average Home Value | $172,686 |
Housing Distribution
Address Breakdown
Residential
2,595
Single Family
2,459
Multi-Family
136
Businesses
316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Krier • Exp Realty, LLC
Mls Name: SCKMLS
Mls ID: #662104